Trade in private services with Hong Kong (exports and imports) totaled an estimated $16 billion in 2013. Services exports were $9.1 billion; Services imports were $7.1 billion. The U.S. services trade surplus with Hong Kong was $1.9 billion in 2013.

According to the Department of Commerce. U.S. exports of Goods and Services to Hong Kong supported an estimate 215,000 jobs in 2013 (163,000 supported by goods exports and 52,000 supported by services exports).

Exports

Hong Kong was the United States' 9th largest goods export market in 2013.

U.S. goods exports to Hong Kong in 2013 were $42.3 billion, up 13.0% ($4.9 billion) from 2012, and up 213% from 2003. U.S. exports to Hong Kong account for 2.7% of overall U.S. exports in 2013.

U.S. exports of private commercial services* (i.e., excluding military and government) to Hong Kong were $9.1 billion in 2013, 39% ($2.6 billion) more than 2012 and 170% greater than 2003. Other private services (business, professional and technical services, royalties and license fees, financial services, and other transportation (port and freight services) categories accounted for most of the U.S. services exports to Hong Kong.

Imports

Hong Kong was the United States' 44th largest supplier of goods imports in 2013.

U.S. goods imports from Hong Kong totaled $5.7 billion in 2013, up 4.2% ($229 million) from 2012, but down 36% from 2003.

U.S. imports of agricultural products from Hong Kong totaled $91 million in 2013. The largest category was: snack foods (including chocolate) ($12 million).

U.S. imports of private commercial services* (i.e., excluding military and government) were $7.1 billion in 2013, up 1.9% ($136 million) from 2012, and up 148% from 2003 level. Other private services, and the other transportation services (freight services) accounted for most of U.S. services imports from Hong Kong.

Trade Balance

The U.S. goods trade surplus with Hong Kong was $36.7 billion in 2013, up 14.5% ($4.6 billion) from 2012.

The United States services trade with Hong Kong went from a deficit of $486 million in 2012, to a surplus of $1.9 billion in 2013.

Investment

U.S. foreign direct investment (FDI) in Hong Kong (stock) was $58.8 billion in 2013, a 7.2% increase from 2012.

U.S. direct investment in Hong Kong is primarily concentrated in the nonbank holding companies, wholesale trade, and finance/insurance sectors.

Hong Kong FDI in the United States (stock) was $5.9 billion in 2013, down 33.8% from 2012.

Reported Hong Kong direct investment in the U.S. is led by the wholesale trade sector.

Sales of services in Hong Kong by majority U.S.-owned affiliates were $35.0 billion in 2011 (latest data available), while sales of services in the United States by majority Hong Kong-owned firms were $4.2 billion.

*NOTE: Refers to private services trade not including U.S. military sales, direct defense expenditures, and other miscellaneous U.S. government services.